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good to have you with us. i have to say, don't know what your reaction was that as i watched the market take off, i didn't see the strength of the president's words that would warrant such a powerful reaction. >> struck me as a very naive reaction, one that is likely to be reversed as disappointment sets in. if we were to simply go ahead and go off the cliff, we have strong market reaction. the recipe for a recession in my view and one that would not be easily reversed display some people's claims to go backwards somehow. that circumstance of that kind of danger for we have already committed to raising taxes through the health care reform, there is a real premium placed not raising other taxes and getting rid of the mindless cuts across the board, i don't see that falling into place automatically. that is politics over common sense. lou: we're not even hearing discussion of the defense cuts under sequestration. we have heard only some nice but welcomed positive words from the president. are you encouraged the
good to have you with us. i have to say, don't know what your reaction was that as i watched the market take off, i didn't see the strength of the president's words that would warrant such a powerful reaction. >> struck me as a very naive reaction, one that is likely to be reversed as disappointment sets in. if we were to simply go ahead and go off the cliff, we have strong market reaction. the recipe for a recession in my view and one that would not be easily reversed display some...
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Nov 20, 2012
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that does it for us tonight. we'll see you tomorrow night. it's thanks for being with us. >>> republicans are going to have to stop trying to sound moderate and reasonable because they are making rush limbaugh freak out. on second thought -- >> all hell broke lose on the republican side. >> republicans seem to be at a critical cross road. >> they are tripping over themselv themselves. >> there is no conservative movement. is rush limbaugh's country gone? >> yes. >> the horror. >> we have a cultural problem. >> why would so many republicans be upset about this? >> here's a news flash to the republicans. >> mitt romney was not our best candidate. >> well i am stunned. >> mitt romney, kick him when he's done. >> did you see the sunday shows yesterday? >> hitting their nominee. >> we have to show we're sere serious. we have to like them first. >> we would never talk like that. >> there's not a lot of people defending mitt romney. >> when you're in a hole, stop digging. he keeps digging. >> newt gingrich, i think it's nuts. >> they have to do some
that does it for us tonight. we'll see you tomorrow night. it's thanks for being with us. >>> republicans are going to have to stop trying to sound moderate and reasonable because they are making rush limbaugh freak out. on second thought -- >> all hell broke lose on the republican side. >> republicans seem to be at a critical cross road. >> they are tripping over themselv themselves. >> there is no conservative movement. is rush limbaugh's country gone?...
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Nov 20, 2012
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stay with us. much more ahead. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. open enrollment is here. the time to choose your medicare coverage begins october 15th and ends december 7th. so call to enroll in a plan that could give you the benefits and stability you're looking for, an aarp medicarecomplete plan insured through unitedhealthcare. what makes it complete? it can combines medicare parts a and b, which is your hospital and doctor coverage with part d prescription drug coverage, and more, all in one simple plan starting at a zero dollar monthly premium -- no more than what you already pay for medicare part b. an aarp medicarecomplete plan offers you benefits like an annual physical, preventive screenings and immunizations for a $0 copay. you'll also have the flexibility to change doct
stay with us. much more ahead. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. open enrollment is here. the time to choose your medicare coverage begins october 15th and ends december 7th. so call to enroll in a plan that could give you the benefits and stability you're looking for, an aarp...
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stay with us. my doctor told me calcium is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. than giving her a diamond is surprising her with one. save the surprise. shop online and ship to any zales store free. only at the diamond store. ♪ i'm lost in the light ♪ in a world where ♪ there is so much to see ♪ there's still no other place ♪ that i would rather, rather ♪ rather, rather be ♪ [ male announcer ] dip into sabra hummus and discover a little taste of the world. enjoy sabra dips. adventure awaits. >>> a judge orders mediation instead of
stay with us. my doctor told me calcium is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination...
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Nov 20, 2012
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> thanks for staying with us. hostess brands went to bankruptcy court today. the ceo wants to shut down operations and fire more than 18,000 workers. some people in the media broke the news with a few laughs. >> it is a sad, sad day for america. >> a final twinkie. i'm just going to save mine for 12 years when it will still be good. >> share the wealth there. >> doug, thank you. it makes you want to go buy all of the twinkies in the grocery store. >> can we have a quick thoughts of twinkies in your life? >> all these rich media people, you know, it's easy to talk about twinkies in the good old days. the real story, i don't think it's funny. it's about 18,000 workers who just found out that they are going to get fired just before the holidays. i think they have families, don't you? many have worked at hostess for more than a decade. their bosses asked for 8% pay cut and a 17% cut in benefits. some workers woul
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> thanks for staying with us. hostess brands went to bankruptcy court today. the ceo wants to shut down operations and fire more than 18,000 workers. some people in the media broke the news with a few laughs. >> it is a sad, sad day for america. >> a final twinkie. i'm just going to save mine for 12 years when it will still be good. >> share the wealth there. >> doug, thank...
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Nov 20, 2012
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joining us here in the studio, are middle eastern experts. michael, a lot of diplomatic efforts. how were they going? >> the israelis are very much aware of the difficulties, should there really invade the gaza strip. they will face a very strong opposition. public favors lot in their side should really be an onslaught. both of the israelis and hamas leadership wanted solution to the crisis that makes them appear as the winner of this bargain. i think we will see more difficult days ahead but i do not see any likelihood for the time being that they will really decide to invade gaza one more time. >> a lot has changed in the middle east over the last few days. how has the arabs bring influence the palestinian- israeli situation and? >> we have the muslim brotherhood in power now in cairo. it is a democratically involved government so it is very difficult for anyone to say they do not want to do business with these people. it does not make sense to continue negotiating discussions with the egyptian government and not talk to hamas which is really a branch from the same tree. hamas
joining us here in the studio, are middle eastern experts. michael, a lot of diplomatic efforts. how were they going? >> the israelis are very much aware of the difficulties, should there really invade the gaza strip. they will face a very strong opposition. public favors lot in their side should really be an onslaught. both of the israelis and hamas leadership wanted solution to the crisis that makes them appear as the winner of this bargain. i think we will see more difficult days ahead...
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for all of us, thank you for watching. we will see you back here tomorrow. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. we offer expertise and tailor solutions in a wide range of injured -- industries. what can we do for you? what can we do for you? >> "bbc hi, neighbor! we're going to pick vegetables from our school garden. and then miss elaina's coming over for dinner. i'm excited to be with you, and i'll be right back. is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enrich the lives of children for
for all of us, thank you for watching. we will see you back here tomorrow. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. we offer expertise...
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are they ignoring the same warnings they have given the rest of us? >>> and later it was images like these that inspired a group of high school students to get out of their comfort zone and come east to make a difference. >>> we have talked a lot about distracted driving, much of it because public officials and law enforcement have identified it as such a danger on our roads. now, however, police officers are under watch for distracted driving. if you have looked at the issue of distracted driving then you know what is competing for their attention on the road. it has grave dangers, fair warning, some of them you're about to see in graphic fashion. our report tonight from nbc's tom costello. >> reporter: near ft. worth, dash cam video of a police officer running the red light and the crash that injured the other driver. the officer admitted he had been looking at his computer. in austin, another officer slammed into a motorcyclist. the officer told his supervisor he had been typing. while 39 states have banned the texting while driving, police are an
are they ignoring the same warnings they have given the rest of us? >>> and later it was images like these that inspired a group of high school students to get out of their comfort zone and come east to make a difference. >>> we have talked a lot about distracted driving, much of it because public officials and law enforcement have identified it as such a danger on our roads. now, however, police officers are under watch for distracted driving. if you have looked at the issue...
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Nov 20, 2012
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stay with us. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >>> a judge orders mediation instead of allowing more than 18,000 jobs to vanish if the makers of twinkies go out of business. senator john mccain asked for an apology from susan rice. >>> and congressman allen west has defeated, but he won't quit. share your thoughts with us on facebook and twitter. we're coming right back. >>> thanks for staying with us. hostess brands went to bankruptcy court today. they want to fire more than 18,000 workers. some broke the news with a few laughs. >> it's a sad day for america. >> i'm just going to save mine for 12 years when it will still be good. >> share the wealth there. >> it makes you want to go buy all of the twinkies in the grocery store. >> can we have a quick thoughts o
stay with us. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >>> a judge orders mediation instead of allowing more than 18,000 jobs to vanish if the makers of twinkies go out of business. senator john mccain asked for an apology from susan rice. >>> and...
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you...
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joining us now to help us understand this small thing that might have a big impact on us as a country is ezra cline, msnbc's policy analyst. thank you for being here. >> good evening. >> i think if there was a young handsome guy committee, you'd be the guy who would be born. >> you're going to make me blush. >> i've been trying for years. when i say elizabeth warren was born for the banking committee, it's as natural a fit. do you see it that way? that's the natural fit for her? >> yeah. and everybody else does too. i have a hipsters take. i liked her before her stuff became cool when she was doing papers on bankruptcy. and so i think it's important to say that banking committees more than just wall street, it's also bankruptcy and the credit card bill and all these things. but i made a number of calls today to try to talk to people who would know how the process is going. and almost to a person when i talked to them, this is not going to be a problem here. people seem to assume this would be a smooth process and she would end up on the committee. they didn't see wall street's leverag
joining us now to help us understand this small thing that might have a big impact on us as a country is ezra cline, msnbc's policy analyst. thank you for being here. >> good evening. >> i think if there was a young handsome guy committee, you'd be the guy who would be born. >> you're going to make me blush. >> i've been trying for years. when i say elizabeth warren was born for the banking committee, it's as natural a fit. do you see it that way? that's the natural fit...
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stuart: the word was probably used. charles: somehow the person achieving the american dream through extreme hard work, extreme sacrifice and a person who smokes weed everyday, drops out of high school, is more virtuous. here is a new message for america, the less i earned the more that is owed for me. stuart: that is
stuart: the word was probably used. charles: somehow the person achieving the american dream through extreme hard work, extreme sacrifice and a person who smokes weed everyday, drops out of high school, is more virtuous. here is a new message for america, the less i earned the more that is owed for me. stuart: that is
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martin fletcher is live for us in tel aviv. and martin has been covering this for us. bring us up to speed on what's happening. your reporting has been extensive firsthand. >> reporter: hi, thomas. there's been a continued firing in both directions. 30 rockets fired in one israeli town today. one person was injured. otherwise little damage. the real is it's pretty clear that a ceasefire has been agreed and it will be announced in gaza, cairo and jerusalem probably within the next few hours, not necessarily at the same time in each place but it's clear that that's what's happening. secretary of state hillary clinton coming to jerusalem tonight and a whole slew of arab leaders are coming to gaza. the fight iing will be over witn a few hours and hopefully will last a long time. what we're told is there is an agreement for the fighting to end from both sides, and then the details of the agreement are still to be worked out. the key point, though, it looks like the fighting is over. no israeli ground invasion of gaza. >> martin, as you say, the details are yet to be announc
martin fletcher is live for us in tel aviv. and martin has been covering this for us. bring us up to speed on what's happening. your reporting has been extensive firsthand. >> reporter: hi, thomas. there's been a continued firing in both directions. 30 rockets fired in one israeli town today. one person was injured. otherwise little damage. the real is it's pretty clear that a ceasefire has been agreed and it will be announced in gaza, cairo and jerusalem probably within the next few...
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they want to work with us. we're going to reach out to these people. >> warner: together they hope all will be welcome in the new syria they want to build. >> woodruff: in her next >> woodruff: in her next report, margaret looks at the more than one hundred thousand syrian refugees who have fled to turkey. >> brown: next, to the southeast asian country of myanmar, where president obama's visit today made some history. ray suarez has our story. >> suarez: by the tens of thousands cheering people packed the streets of myanmar's capital city today. the crowds waved american flags as they angled for a glimpse of the first sitting u.s. president to visit the southeast asian nation. >> i hope he can bring change in every aspect. >> i really hope that obama will help build the transition to democracy. we have many ethnic groups in myanmar. they are also hoping that obama will help them progress. >> suarez: also known as burma, the country was under military rule for half a century and was largely closed off from the r
they want to work with us. we're going to reach out to these people. >> warner: together they hope all will be welcome in the new syria they want to build. >> woodruff: in her next >> woodruff: in her next report, margaret looks at the more than one hundred thousand syrian refugees who have fled to turkey. >> brown: next, to the southeast asian country of myanmar, where president obama's visit today made some history. ray suarez has our story. >> suarez: by the...
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>> i think the city needs to work with us and not against us. you know, to impose a fine to threaten violations? i mean, just look around. obviously people who have never stepped foot here because if you saw what was going on here, you wouldn't have the nerve to put that on our door. >> daniel turner also told us despite the heartache and aggravation he will get through it, shep. what's the city's department of buildings saying about this. >> they say they don't really mean it they say this is really just a way to categorize the houses so severely damaged. in a statement to fox news a spokesman said in part quote these violations were issued to -- property owners will not face any penalties as a result. but some here are still angry about it turns out that upwards of 900 homes here in queens and staten island may have to be completely torn down and demolished because they are damaged so badly. shep, tonight, three weeks to the day after hurricane sandy hit here. there still is no power, but some people told us that they did get their water back.
>> i think the city needs to work with us and not against us. you know, to impose a fine to threaten violations? i mean, just look around. obviously people who have never stepped foot here because if you saw what was going on here, you wouldn't have the nerve to put that on our door. >> daniel turner also told us despite the heartache and aggravation he will get through it, shep. what's the city's department of buildings saying about this. >> they say they don't really mean it...
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this is a very important instrument for us, and we'll be using that at some point, at the appropriate time, to begin to tighten monetary policy. now, you're talking about the other direction, why not just cut it to zero, pay no interest on excess reserves, and thereby, get more accommodation? well, it's something we've considered repeatedly, and we continue to consider, and i don't rule it out as an action in the futtre, what we do is the following. if we were to cut the interest rate from 25 basis points to 0 #, our estimate is it affects short term interest rates, like overnight rates, on the order of eight or nine basis points, extremely small amount, in turn, having a smaller effect on loans like housing loans or auto loans ect.. the stimulated agent -- act of that action is small, but on the other hand, the concerns we've had or some have had is that if there is no return on institutions, money market funds, repo markets and so on could be liquid because there's little incentive to act in the markets when interests pay zero, why not just hold cash or fallow reserves? so the conce
this is a very important instrument for us, and we'll be using that at some point, at the appropriate time, to begin to tighten monetary policy. now, you're talking about the other direction, why not just cut it to zero, pay no interest on excess reserves, and thereby, get more accommodation? well, it's something we've considered repeatedly, and we continue to consider, and i don't rule it out as an action in the futtre, what we do is the following. if we were to cut the interest rate from 25...
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us. we hear the laleral f-16 that is bombing the gasa strip. day 7. 110 palestinian killed and israelis are saying off of the record they are running out of target to hit. they have leveled hamas infrastruct and you are weapons depo and trying to limit hamas and islamic jihad ability to make war going forward and kill as many senior members of hamas and islamic judge ihad as they can. they bombed the hamas national barching. militants have figured out a way to defeat the missile. by firing multiple rockets at once. eight-10 rockets and headed for one specific target and today that was target of beer sheba and some got through and landed in the town and destroyed a house and bus. thankfully that city had evacuated itself or not on the streets right now . scooms are closed and businesses are closed as they are trying to keep people off of the streets. still here on the border all around where we are saying are armed camps of israeli soldiers. they have tank platoons and seen in practicing m
us. we hear the laleral f-16 that is bombing the gasa strip. day 7. 110 palestinian killed and israelis are saying off of the record they are running out of target to hit. they have leveled hamas infrastruct and you are weapons depo and trying to limit hamas and islamic jihad ability to make war going forward and kill as many senior members of hamas and islamic judge ihad as they can. they bombed the hamas national barching. militants have figured out a way to defeat the missile. by firing...